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According to Elon Musk’s own math, the company formerly known as Twitter has lost 90% of its value and could be worth just $4 billion (finance.yahoo.com)

submitted 2 years ago by bernieecclestoned@sh.itjust.works to c/technology@lemmy.world

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[–] SocialMediaRefugee@lemmy.world 5 points 2 years ago

Three fiddy

[–] kalistia@sh.itjust.works 5 points 2 years ago

What a clown

[–] Commiunism@lemmy.wtf 3 points 2 years ago

Wasn't twitter worth way, way less than musk paid for the company's acquisition (like 2x or more)? If so, the 4 billion evaluation is still probably much higher than what most people were anticipating the company would be worth under musk in 1-2 years after acquisition. Great job elon, exceeding expectations yet again.

[–] MrCrankyBastard@lemmy.world 3 points 2 years ago

Good. Fuck ElMu. ElMu sucks.

[–] Heikki@lemm.ee 3 points 2 years ago

Could be? Those are rookie numbers!!! Dear Leader has almost bankrupted Truth Social already!!! You gotta get them even lower!!!!

[–] supercriticalcheese@feddit.it 2 points 2 years ago

So saying it wasn't worth the investment ?

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